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41-43 Moor Street, Spondon , DE21 7EA

Lot no: 47.0 Sold After Auction
 

Guide Price £180,000 plus fees


Thursday 11th December 2014

12.00am
Key Features
A substantial freehold investment property situated in the village of Spondon surrounded by a mix of retail, commercial and residential properties.
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Sold After Auction

Commercial

Property Description

FOR SALE BY AUCTION: THURSDAY 11TH DECEMBER

AT IPRO STADIUM, DERBY

COMMENCING AT 11.30 AM

A substantial freehold investment property situated in the village of Spondon surrounded by a mix of retail, commercial and residential properties.  The property is divided into two ground floor retail/service premises with a further first floor studio/showroom.  The property has recently been refitted and has been well maintained by the current owner.  The accommodation comprises

Number 43 Moor Street

A veterinary practice currently let at £9,600 per annum for a period of 10 years with retail sales area measuring 13'2" x 21'4", kitchen 9' x 7', staff toilet with wc and basin, treatment room 11'6" x 9'6", pharmacy 8'9" x 6'3", storage room 23' x 10'.

Number 41A Moor Street

A well appointed hair-dressing salon which is currently vacant but has previously been let at £6,000 per annum with salon measuring 21'8" x 11'5", further treatment area measuring 11'2" x 9'9", store room and wc.

Number 41 Moor Street

A first floor salon/treatment premises which could be used for a variety of purposes such as office accommodation, retail sales or showroom.  Previously this has been used as a bridal showroom with a retail sales area.  Well appointed and measuring 25' x 21'6" with further wc and restroom facilities measuring 5'3" x 8'9".

Outside

The property occupies a substantial plot with a car park to the rear.

Vendors Solicitors/Licensed Conveyancers

Ashton Bond Gigg, Pearl Assurance House, Friar Lane, Nottingham  NG1 6BX – telephone 0115-947 6651

Tenure

Freehold. Part let; part vacant.

Conditions Of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not.  Any questions relating to them must be raised prior to 11.30 am.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Note

Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash deposits.

The sale of all property is subject to a buyers fee of £750 (inc VAT).

*Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary

FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE

WWW.GRAHAMPENNY.COM

Feature 1

Superb detached investment property

Feature 2

Potential income £20,000 p.a.

Feature 3

Three commercial units

Feature 4

Substantial car park to rear

Feature 5

Scope to further increase current income

Feature 6

EPC Ratings : 41 – F and 41a – G and 43 – F

Tenure: